Amazines Free Article Archive
www.amazines.com - Saturday, December 07, 2019
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133321)
 Advice (160961)
 Affiliate Programs (34735)
 Art and Culture (73689)
 Automotive (145679)
 Blogs (75057)
 Boating (9840)
 Books (17218)
 Buddhism (4125)
 Business (1328591)
 Business News (426310)
 Business Opportunities (366263)
 Camping (10962)
 Career (72734)
 Christianity (15844)
 Collecting (11637)
 Communication (115054)
 Computers (241957)
 Construction (38997)
 Consumer (49681)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20388)
 Dating (45780)
 EBooks (19687)
 E-Commerce (48204)
 Education (185252)
 Electronics (83498)
 Email (6392)
 Entertainment (159832)
 Environment (28937)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110900)
 Fashion & Cosmetics (196390)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310272)
 Fitness (106134)
 Food & Beverages (62868)
 Free Web Resources (7938)
 Gambling (30225)
 Gardening (25108)
 Government (10513)
 Health (629549)
 Hinduism (2205)
 Hobbies (44043)
 Home Business (91557)
 Home Improvement (251358)
 Home Repair (46134)
 Humor (4823)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29550)
 International Property (3485)
 Internet (190988)
 Internet Marketing (146336)
 Investment (22824)
 Islam (1167)
 Judaism (1356)
 Law (80487)
 Link Popularity (4591)
 Manufacturing (20842)
 Marketing (98775)
 MLM (14136)
 Motivation (18213)
 Music (27005)
 New to the Internet (9479)
 Non-Profit Organizations (4048)
 Online Shopping (129617)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38079)
 Poetry (2234)
 Press Release (12674)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126625)
 Recreation & Leisure (95278)
 Relationships (87563)
 Research (16158)
 Sales (80322)
 Science & Technology (110221)
 Search Engines (23453)
 Self Improvement (153102)
 Seniors (6232)
 Sexuality (35942)
 Small Business (49285)
 Software (82995)
 Spiritual (23465)
 Sports (116081)
 Tax (7658)
 Telecommuting (34067)
 Travel & Tourism (307414)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11727)
 Website Design (56827)
 Website Promotion (36569)
 World News (1000+)
 Writing (35770)
Author Spotlight
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
OLEG KOBETS

Oleg has been providing SEO, Copywriting and Content Management services for 10+ years. For the last...more
ALFRED MEARS

Former English Teacher; Musician (20+ years); Freelance Writer ...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
ANISH SAH

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more


Rising number of Expatriates, Internal Migration, and Rising Utility Prices will Drive the UAE Remi by Ankur Gupta






Article Author Biography
Rising number of Expatriates, Internal Migration, and Rising Utility Prices will Drive the UAE Remi by
Article Posted: 05/30/2017
Article Views: 429
Articles Written: 1063
Word Count: 382
Article Votes: 0
AddThis Social Bookmark Button

Rising number of Expatriates, Internal Migration, and Rising Utility Prices will Drive the UAE Remi


 
Finance & Investment
Increasing job opportunities, weakening currency of recipient countries, declining remittance charges and rising inflation rates in Abu Dhabi and Dubai were the key factors driving growth in the remittance and bill payments market in Philippines.

UAE is known for its extraordinary rate of expatriate population. The international remittance market of the country is led by the workers remittance outflows from more than a decade. The country possesses a wide range of job opportunities which attracts job seekers from various parts of the world. Largely, due to the geographic proximity majority of the expatriates are from the South Asian countries. Exchange houses are the major players in the market owing to the convenience of transfers offered by them and the rate of unbanked population in the country. The country employs people from across the globe including India, Pakistan, Philippines, Indonesia, US, UK and other GCC countries. UAE-India is the dominant remittance corridor as majority of the expatriate population in the country is from India. Like all developing nations, UAE also comprise of both developed and non-developed emirates, which raises the rate of internal migration from non-developed emirate to developed emirate in search of better job and living opportunities.

Over the past few years, the currencies in the majority of recipient countries have weakened against AED and there had been a decline in the remittance charges leading to an increase in the transaction volume. Rising consumer price inflation, have increased the utility charges from 2015 in Abu Dhabi and Dubai, augmenting growth in the bill payments market. Rising water and electricity consumption has induced the government to discontinue the subsidies on these utilities for citizens and to raise charges for expatriates. Stringent banking regulations forcing local banks to disengage with exchange houses and threat of money laundering activities are some of the issues that hinder growth in the remittance market.

The report titled “UAE Remittance and Bill Payments Market Outlook to 2021 – Rising Expatriate Population, Growing Business Activities and Increasing Demand for Utilities to Foster Growth” by Ken Research suggested that the remittance and bill payment industry will register multi bagger CAGR in terms of transaction volume and number of transactions in the next 5 years till 2021.

Source: https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/uae-remittance-bill-payment-market/110397-93.html

Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249

Related Articles - UAE Remittance Market, Money Transfer UAE, Dubai Abu Dhabi Flow Corridor,







Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
KIRAN KAUR

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more
STEVE BURGESS

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license